Roswell on Nostr: Governments print paper and declare that their creation has value, yet we watch all ...
Governments print paper and declare that their creation has value, yet we watch all government-issued fiat currencies hyperinflate, and then trend towards zero, in real purchasing power.
Bitcoin started out at zero, yet the free market declares it's worth $60,000 currently, in real purchasing power.
Bitcoin is indeed "volatile" (well, not lately) but it is not "risky" any more, because it's always trending long-term upward. The dollar is indeed "stable" (well, not lately) but always trending downward.
You will *never* be able to purchase a gallon of gas, or a dozen eggs, for $1 again, will you?
You *will* be able to purchase a new home for 1 btc before long however.
Published at
2024-09-17 17:51:07Event JSON
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"content": "Governments print paper and declare that their creation has value, yet we watch all government-issued fiat currencies hyperinflate, and then trend towards zero, in real purchasing power.\n\nBitcoin started out at zero, yet the free market declares it's worth $60,000 currently, in real purchasing power. \n\nBitcoin is indeed \"volatile\" (well, not lately) but it is not \"risky\" any more, because it's always trending long-term upward. The dollar is indeed \"stable\" (well, not lately) but always trending downward.\n\nYou will *never* be able to purchase a gallon of gas, or a dozen eggs, for $1 again, will you?\n\nYou *will* be able to purchase a new home for 1 btc before long however. https://image.nostr.build/1c9c86675017e574481917b301cc82ce042bd75357eaf7e283952f3320a30e4f.jpg ",
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